SpiritSwap is a decentralized exchange (DEX) on the Fantom Opera Chain. SpiritSwap's design is based on the Uniswap constant-product automated market maker (AMM). In an AMM, liquidity providers simply deposit a pair of tokens and an algorithm automatically makes markets for the token pair. Traders can easily swap between tokens in the AMM and get guaranteed rates for the swaps. Each swap on SpiritSwap incurs a fee, which gets distributed to liquidity providers as their payment for work.
Phase I: Initial launch 🚀(Q2 2021)
Phase II: Foundational work 🛠 (Q2 2021)
Phase III: Extra features (Q2-Q3 2021)
Phase IV: inSPIRIT (Q3 2021)
Phase V: Ongoing UI / Design updates/ DAO (Q4 2021)
Phase VI: Improvement of capital efficiency (Q1 2022)
Phase VII: SpiritSwap V2 (Q1-Q2 2022)
Phase VIII: DAO & On-Chain governance 🏛 (Q1-Q3 2022)
Phase IX: Community Decides! 🤔
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